ADVANCED MICRO DEVICES, INC. | |||||||||
CONDENSED CONSOLIDATED BALANCE SHEETS | |||||||||
(Millions) | |||||||||
June 27,
2020 |
December 28,
2019 | ||||||||
(Unaudited) | |||||||||
Assets | |||||||||
Current assets: | |||||||||
Cash and cash equivalents | $ | 1,775 | $ | 1,466 | |||||
Marketable securities | - | 37 | |||||||
Accounts receivable, net | 1,789 | 1,859 | |||||||
Inventories | 1,324 | 982 | |||||||
Receivables from related parties | 10 | 20 | |||||||
Prepaid expenses and other current assets | 211 | 233 | |||||||
Total current assets | 5,109 | 4,597 | |||||||
Property and equipment, net | 585 | 500 | |||||||
Operating lease right-of use assets | 215 | 205 | |||||||
Goodwill | 289 | 289 | |||||||
Investment: equity method | 59 | 58 | |||||||
Other non-current assets | 326 | 379 | |||||||
Total Assets | $ | 6,583 | $ | 6,028 | |||||
Liabilities and Stockholders' Equity | |||||||||
Current liabilities: | |||||||||
Short-term debt | $ | 200 | $ | - | |||||
Accounts payable | 802 | 988 | |||||||
Payables to related parties | 192 | 213 | |||||||
Accrued liabilities | 1,172 | 1,084 | |||||||
Other current liabilities | 68 | 74 | |||||||
Total current liabilities | 2,434 | 2,359 | |||||||
Long-term debt, net | 490 | 486 | |||||||
Long-term operating lease liabilities | 204 | 199 | |||||||
Other long-term liabilities | 150 | 157 | |||||||
Stockholders' equity: | |||||||||
Capital stock: | |||||||||
Common stock, par value | 12 | 12 | |||||||
Additional paid-in capital | 10,127 | 9,963 | |||||||
Treasury stock, at cost | (54 | ) | (53 | ) | |||||
Accumulated deficit | (6,776 | ) | (7,095 | ) | |||||
Accumulated other comprehensive loss | (4 | ) | - | ||||||
Total stockholders' equity | $ | 3,305 | $ | 2,827 | |||||
Total Liabilities and Stockholders' Equity | $ | 6,583 | $ | 6,028 | |||||
AMD Reports Second Quarter 2020 Financial Results
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